FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MEDIABISTRO INC. [ MBIS ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 11/25/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/25/2013 | S | 1,000 | D | $2.21 | 10,705 | I(1) | Mary Martino 1991 Revocable Family Trust | ||
Common Stock | 4,400 | I(1) | see footnote | |||||||
Common Stock | 7 | I(1) | Wayne Martino 1999 Family Trust for Allison G Martino |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Director Stock Option (right to buy) | $8.33 | (2) | 01/22/2015 | Common Stock | 715 | 715 | D | ||||||||
Director Stock Option (right to buy) | $5.6 | (3) | 09/27/2020 | Common Stock | 2,286 | 2,286 | D | ||||||||
Director Stock Option (right to buy) | $6.44 | (4) | 09/08/2021 | Common Stock | 2,286 | 2,286 | D | ||||||||
Director Stock Option (right to buy) | $2.29 | (5) | 12/04/2022 | Common Stock | 2,000 | 2,000 | D |
Explanation of Responses: |
1. Mr. Martino now indiretly owns 16,112 shares; 7 shares are held in trust for his daughter over which Mr. Martino exercises investment control, 11,705 shares are now held in the Mary Martino 1991 Revocable Family Trust over which Mr. Martino and his brother Philip Martino exercises investment control and voting control, 4,400 are held in the Brenner, Saltzman and Wallman, LLP Employees 401(k) Profit Sharing Plan, located at 271 Whitney Avenue, New Haven CT 06511. |
2. Option vested 33.33% ratably over a three-year period on 01/22/2011, 01/22/2012, and 01/22/2013. |
3. Option vested 33.33% ratably over a three-year period on 09/27/2011, 09/27/2012, and 09/27/2013. |
4. Option vests 33.33% ratably over a three-year period on 09/08/2012, 09/08/2013, and 09/08/2014. |
5. Option vests 33.33% ratably over a three-year period on 12/05/2013, 12/05/2014 and 12/05/2015. |
/s/ Donald R. Reynolds, Attorney-in-Fact | 11/27/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |